I lost all my bitcoin - page 5. | Bitcointalksearch.org

Bonenx14

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Quote from: jhonjhon on January 21, 2020, 05:13:52 AM

Quote from: MURONDI on January 20, 2020, 10:20:46 PM

let me guess, surely you do leverage trading, leverage trading can indeed maximize profit, but the risk is also very big, very not recommended especially for beginners, in this forum there are many who trade bitcoin but don't lose all bitcoin, so far my bitcoin is still okay, because I trade normally without leverage.

It must be the case, leverage trading is good because it can give you big profits but that is if you predicted it correctly but it not then it could make you broke as hell. For me, leverage trading is good but only use small percentage of leverage and only spend the amount you can afford to lose, don’t gamble all your money while doing leverage trading.

trading leverage can indeed be profitable, but as you said don't use lots of funds when trading in this way. and must know the potential time when doing, and certainly accuracy is important. what used to make failure is the emotional level, because I once traded in a way to leverage but I could not control the emotions that finally made my funds run out and ended up holding for quite a long time.

Dart18

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Did you rush the process?

I bet you did.
Did you even try to learn the movement first?
History, daily movements, and everything that needs to be done before trading it?
If you didn't, then you might want to step back first. It will just get worse if you continue it.
Better to just save more and get ready.

jhonjhon

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Quote from: MURONDI on January 20, 2020, 10:20:46 PM

let me guess, surely you do leverage trading, leverage trading can indeed maximize profit, but the risk is also very big, very not recommended especially for beginners, in this forum there are many who trade bitcoin but don't lose all bitcoin, so far my bitcoin is still okay, because I trade normally without leverage.

It must be the case, leverage trading is good because it can give you big profits but that is if you predicted it correctly but it not then it could make you broke as hell. For me, leverage trading is good but only use small percentage of leverage and only spend the amount you can afford to lose, don’t gamble all your money while doing leverage trading.

passwordnow

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I don't see the connection of your title to what you want to ask. That's your money and you can continue your plans of holding it. Determine yourself for shorting or going long right now. You can diversify as much as you want but the very tip that I'll tell you is don't leave your bitcoin investment and never sold all of it. Sell some for diversification but still allocate an amount for a longer time so that if bitcoin ever pumps again and grows naturally, you still have something to get.

Getmon

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Quote from: yamasis on January 20, 2020, 10:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

That is what leverage trading is all about. That is why it is somehow comparable to gambling because it could give you x100 profit very quickly but it could also take everything from you in a blink of an eye. Leverage trading is best to those who have a lot of experience in trading already.

Don't stop trading but if you are not yet very knowledgeable about that kind of trading, you better start and get better in spot trading first before jumping into the use of leverage. That is a double-edged sword that as sweet as it is dangerous.

Kimonoe

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I think learning strategy and psychology is more important. we can not take advantage of opportunities because of greed, so that claimed the profit that should be obtained, after that psychologically disturbed so that they can not think healthy. therefore fix psychological first and then return to the market

keeee

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Quote from: Youghoor on January 20, 2020, 10:34:53 PM

Such is life mate. Some people learn it the hard way and others don't. In as much that you lost your Bitcoin, life still goes on. Get a real job and everything will be okay.

I agree, it wasnt the end of everything yet. Maybe you fall but stand again. In fact you can earn again what you have lost, you really need to start over again. Finding a real job was really the best thing to do now to slowly get and earn money again.

yazher

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Quote from: yamasis on January 20, 2020, 10:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

Just start focusing on your job and return to bitcoin if you have some money to invest, money other than your personal savings. because if you engage in this industry too early, you will end up losing everything you have. That's why most of the people who want to invest in BTC are working to gather enough knowledge before doing so and FYI not all of them are successful. only those who have enough patience can hold longer to this volatile market.

crossabdd

legendary

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control of an activity is necessary, in my opinion, trading using the long and short methods is the same as bet. it's just this margin version. when you don't control everything, losing is the biggest risk. better now is to start to buy and hold bitcoin. this is a form of passive investment. and not disturb your emotions. This is better for an investment without the risk of being out of control.

Kunnu

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Margin, leverage these kind of trading options are only for expert and financially strong traders because it's very high risky way to trade and they can afford it this is the simple point which is necessary to understand for beginners and average skill traders anyway I won't say that forget about the mistakes which you have done in past because the mistakes are good lesson for you and it will be helpful for you to establish yourself again just don't loose your confidence.

bitcampaign

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if you think diversification of investments in the stock market is good for you, just do what you think is good, because whatever it is shares and crypto investments all have their own risks, but if it's not good you think just leave it, because everyone trades in crypto or shares of course you already understand the risks, so you can start which one you think is safe, but if you don't want to be at risk it's better to leave and don't have to invest anything

Warkop

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I think this is your own carelessness, and don't see a very good situation to invest in several factors, so for that reason think for a moment to do what you have done and risk losing your money. Maybe from here you can take lessons in a number of things to do something that is very valuable for you to understand.

lienfaye

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If the strategies you use are not effective then think of other ways or simply hold. Dont make it too complicated because even you dont do anything to your bitcoin you can still earn by simply holding and wait for price pump, less stress for your part.

But still it depends on your plan, if you want to diversify then do it, but dont forget to take time learning before investing your hard-earned money.

bitvalak

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Do you trade leverage? Because it is impossible for non-leveraged trading to lose all bitcoin. At least you only lose by its value.
Diversification is a way that I think is good for minimizing risk, because if one loss there is a possibility that the other is not necessarily loss. Not only stocks, cryptocurrency can also be diversified, so don't limit yourself if diversification can only be done on the stock market.

Boov

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Quote from: arimamib on January 21, 2020, 02:41:13 AM

whatever you choose then it is your right, you need to be confident in the developments you will make next. I refer you to make a business in the real world, and so on, you can convert the funds again in this industry. if you leave this industry I think you will learn new things again elsewhere, so if you want to invest elsewhere then don't leave the crypto investment in full.

Very well said. You are right. He is the one who holds his own fate and also the success of himself depends upon how hardwork he is and I think it is good if you invest in both real world and here in the virtual world. And yes you should try new things most especially business if you reslly want to increase your money savings.

arimamib

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whatever you choose then it is your right, you need to be confident in the developments you will make next. I refer you to make a business in the real world, and so on, you can convert the funds again in this industry. if you leave this industry I think you will learn new things again elsewhere, so if you want to invest elsewhere then don't leave the crypto investment in full.

AniviaBtc

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Quote from: mk4 on January 20, 2020, 10:51:34 PM

If you're bullish on bitcoin on the long term, why not just simply hold it? Historically, just simply holding bitcoin can earn you a good amount of gains. And not only that, when you passively hold bitcoin, you have time to do some other productive things instead! You can use the time(that you're not trading) to learn stuff and start businesses.

But of course, control your risk. Bitcoin, stocks, and businesses. Don't go all in.

Proper manipulation of your coin is much important rather than focusing on earning. You also need to maintain or improve your strategies that keeps you away from losing profits. That's right, that you don't need to invest anything in order to earn more money. Sometimes, a small amount of coins will do, depending on how you will handle it and make it worth it. Also don't just hold, try some efficient and effective altcoin while bitcoin's price is still low.

chennappa121

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You have think smartly now and choose what is better for you, otherwise you will feel when something goes wrong with your choose. Because when i was the same situation at 2017, what situation you are now and i take decision to started a small business, now it is running successfully. So better understate your situation and take better option what is comfortable for you.

Rodeo02

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Quote from: Oasisman on January 21, 2020, 12:34:30 AM

I dont understand why there are still people like you who has lost the invested amount in Bitcoin going for a long term holding. I mean, holding and monitoring the market every now and then isn't a hard task to do.
Most cases like this happened to those who rush and trade to earn good profit. It's never easy to trade btw, specifically short or day trading. Now, compose yourself up move on, recover and then decide.

they are the one who are looking for easy money and they think bitcoin can give it to them easily. There is no easy money it needs time and effort monitoring price movement before you can earn profit from your investment . Loosing is also part of investment so if you experience the lost move on and take it as a lesson.

davis196

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Quote from: yamasis on January 20, 2020, 10:03:15 PM

Going short or long has got me so much money but at the same time, it makes me too bold.

Now what?

Stop doing it? or Start diversified investment in Stock?

or Not at all?

Can you be more specific?
How did you lose your bitcoins?There are lots of ways to lose BTC.
1.Getting scammed by someone.
2.Your wallet/account was hacked.
3.Sending btc to the wrong address.
Posting such threads here just won't help you.Like other people said.Get over it and move on.Shit happens.

Topic: I lost all my bitcoin - page 5. (Read 1404 times)